EPIC RESEARCH MCX COPPER UPDATE OF 2 AUGUST 2016

Posted by Farhan Khan on 12:17:00 with No comments
Copper trading range for the day is 320.8-335.2.                
Copper edged lower after a report showed that activity picked up at China's small to medium size factories in July.     
U.S. economic growth unexpectedly remained tepid in the second quarter as inventories fell for the first time in nearly five years.           
Hedge funds and money managers added to their net long position in COMEX copper, U.S. Commodity Futures Trading Commission data showed.

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